Foreign institutional investors, who have about $50 billion exposure in the country's equities, may be concerned over excess valuation of stock prices in general.
The Association of Mutual Funds in India and CDSL Ventures are working on a finance ministry proposal to make use of the permanent account number
Mutual Fund Identity Number throws up more questions than answers.
Having almost sealed a JV with coffee chain Starbucks and fast food chain Burger King for a possible alliance, retail major Pantaloon is eyeing the apparel space.
Barely two weeks after the Reserve Bank of India permitted 49 per cent foreign stake in stock exchanges
Earlier, there were reports about Pantaloon tying up with the Seattle-based coffee chain Starbucks for its India foray.
Food and grocery retail chain Spinach wants to leverage on the strength of local kiranawalas for growth.
The company has lined up exclusive outlets, international brands and expansion of production capacities for exports.
The mutual fund industry saw an average growth of 63 per cent in assets under management in 2006
The UB group may introduce a format of lounge bars where it will sell multi-branded merchandise and invest nearly Rs 8-10 crore (Rs 80-100 million) in each of the stores.
The proposed initial public offering of Gammon Infrastructure Projects is unlikely to face any regulatory hurdle following the recent Securities and Exchange Board of India's order.
The mutual fund industry in India is seeing unprecedented attrition among key personnel.
Retail major Shoppers' Stop, part of the K Raheja Corp, is consolidating its luxury retail business by roping in over 40 global brands and has lined up Rs 500 crore
The Sensex, which saw a sharp fall of nearly 800 points on the first two days of the week, rebounded with a 180-point gain on Wednesday, while the index continued its northward run the next day too, surging by 300 points.
The sharp fall in shares revived memories of the bear phase during May-June but experts said there was no reason to panic and the fall had provided buying opportunities to investors. The Sensex could see another 200-point drop, they said.
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